Remittances sent to Ho Chi Minh City through credit institutions and economic organizations exceeded US$2.8 billion in Q3 2026, up more than US$800 million from the previous quarter and the first year-on-year increase this year. Cumulative remittances for the first nine months reached over US$6.87 billion, down 14% year on year, narrowing from a 22.8% drop in the first half. Asia accounted for 59% (nearly US$1.68 billion) and the Americas for 26% (US$749 million). The recovery was attributed to a stronger Korean won and seasonal demand, but full-year remittances are forecast at US$9.5-9.8 billion, below US$10.3 billion last year, amid slow global growth, a strong dollar, tighter immigration policies and the Middle East conflict.
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Original headline: Một số người tại Việt Nam nhận gần 7 tỷ USD trong 9 tháng đầu năm
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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/21/2026 | 1,738.67 |
| Change that session | +2.76% |
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Related news
- Surprise rebound in remittances to Ho Chi Minh City
Remittances sent to Ho Chi Minh City in the third quarter reached nearly $2.84 billion, up 39.5% from the previous quarter and 3.6% year on year, signaling a recovery after two weak quarters. However, the nine-month total of nearly $6.87 billion still fell 13.8%, though the decline narrowed from 22.8% in the first half. Asia remained the largest source at $1.677 billion, or 59.1%, with the rebound driven mainly by the strengthening South Korean won and seasonal demand. The report said rising inflation and living costs in major economies, along with high USD interest rates that lead some overseas Vietnamese to keep savings abroad, weighed on transfers. If fourth-quarter inflows reach $2.6–2.9 billion, full-year remittances could be $9.5–9.8 billion, down 5.1–8% from $10.3 billion in 2025.
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